RESP or Registered Education Savings Plan is an essential program for saving for University and post-secondary school expenses.
I stopped and checked, and I have dedicated a lot of electronic ink on the subject of the Registered Education Savings Plan and specifically my “interactions†with TD and associated Universities over my daughters’ academic careers. While I used the TD Mutual funds, there are many other better ways to do this. For anyone planning on sending their children to a post-secondary school, the RESP is an essential financial tool.
This is free money folks, why you would not want to have it, is beyond me.
Let me preface this, that this is a Guest Post from a group of chaps I tripped over a while ago. Sounds like an interesting idea to me teaching folks about the costs of University,… Read More »Proliteracy.ca – Like Cheese on Vegetables
My friends at TD Mutual Funds ended 2015 with a bang, by cancelling a Mutual Fund order that I had put in for my son’s RESP Account. You remember the last time I tried to… Read More »Mutual Fund Order Rejected (again)
Back to school and RESP withdrawal time happens in December too (paying for that winter term). Do you have your proof of enrolment yet?
There are many RESP tips that will make your journey through the world of the Registered Education Savings Plan simpler, or less annoying. For God’s sake don’t use Bank Mutual funds as your saving vehicle is an important one. CLB is the other important one.
Robb Engen from over at Boomer and Echo sent me over an interesting e-mail for a new concept backed by most major banks (and credit unions) in Canada to help children of lower-income Canadians take… Read More »Smartsaver.org RESP: Helping Lower Income Families
